Press release from Business Wire
Law Offices of Howard G. Smith Announces Investigation on Behalf of Investors of DFC Global Corp.
Tuesday, August 27, 2013
Law Offices of Howard G. Smith Announces Investigation on Behalf of Investors of DFC Global Corp.15:25 EDT Tuesday, August 27, 2013
BENSALEM, Pa. (Business Wire) -- Law Offices of Howard G. Smith announces that it is investigating potential claims on behalf of purchasers of the common stock of DFC Global Corp. (“DFC Global” or the “Company”) (NASDAQ:DLLR) concerning possible violations of federal securities laws. The investigation focuses on DFC Global's operations and financial performance between August 29, 2012 and May 12, 2013.
DFC Global, through its subsidiaries, provides retail financial services to unbanked and under-banked consumers and small businesses, primarily unsecured short-term consumer loans, secured pawn lending, check cashing and gold buying. The investigation is related to the Company's May 10, 2013 disclosure that the Consumer Financial Protection Bureau (CFPB) has informed the Company that, as a result of a fiscal 2013 examination of DFC Global's Military Installment Loan and Education Services (“MILES”) program, the CFPB intends to initiate an administrative proceeding against DFC Global related to the Company's marketing of certain vehicle service and insurance products and the requirement that MILES program loans be repaid via a military allotment.
If you purchased DFC Global shares, if you have information or would like to learn more about these claims, or if you purchased shares prior to August 29, 2012 and have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020 by telephone at (215) 638-4847, Toll Free at (888) 638-4847, or by email to email@example.com, or visit our website at www.howardsmithlaw.com.
Law Offices of Howard G. Smith
Howard G. Smith, Esquire